Press release
FMI Releases New Report on the Light Sensor Market 2017-2027
Light Sensor Market: Market Dynamics
The factors driving the light sensors market include the growing implementation of light sensor functions in the consumer electronics such as smartphones and tablets. Also, advancements in the automotive sector, smart homes, and outdoor lighting are expected to boost the growth of the light sensors market.
Light sensors are expected to witness an increase in demand supported by growing implementation in sectors such as consumer electronics, automotive, building automation etc. Demand for light sensor devices is directly proportional to the region’s population and demand for consumer electronics, automobiles, that is why Asia-Pacific region is expected to dominate the market of light sensors.
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Light Sensor Market Segmentation
Segmentation of Light Sensor Market on the basis of application:
Consumer Electronics
Automotive
Industrial Manufacturing
Building Automation
Others
Sub-Segmentation of Light Sensor Market on the basis of output:
Binary
Analog
Sub-Segmentation of Light Sensor Market on the basis of technology:
Infrared
Radio wave
Sound
Radio Frequency
Optics
Segmentation of Light Sensor Market on the basis of geography:
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC, South Africa, North Africa)
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Regional Overview
On the basis of geography, light sensor market can be segmented into seven key markets namely North America, Latin America, Western Europe, Eastern Europe, APAC, Japan, Middle East and Africa. Asia-Pacific is expected to dominate the light sensors market because of its larger population size and increasing demand for smartphone and other consumer electronics. Asia Pacific is expected to be followed by North America and Europe region.
Drivers
Increasing demand for light sensors from verticals such as consumer electronics, automotive building automation, industrial manufacturing etc. supported by its increasing number of applications across the verticals is expected to drive the demand for light sensors. Among the verticals, consumer electronics is expected to dominate the market for light sensors supported by increasing demand for Asia-Pacific and North America region.
Competitive Landscape
Major players in the field of application delivery controllers include ams AG (Germany), Maxim Integrated (U.S.), Vishay Intertechnology (U.S.), ROHM Semiconductor (Japan), ELAN Microelectronics Corporation (Taiwan), Heptagon (Singapore) etc. Major mobile manufacturing companies such as Samsung are going into partnership with light sensor manufacturers so as to integrate both the technologies.
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